Switzerland-based Pro Senectute beider Basel has teamed up with consultancy Metyis to launch its own NFT collection, with proceeds from the non-fungible token portfolio flowing to charitable causes.
Since its inception in 1993, Pro Senectute beider Basel has been focused on helping older people in the Basel region with improving the quality of their life.
In a pioneering move for a charity organisation, Pro Senectute beider Basel has been quick to venture into one of today’s most hyped technological developments – the metaverse. At 10am today, the NFT collection ‘Swiss Crypto Marvels’ is going live, in what is described as an industry-first mover in the non-profit scene.
Swiss Crypto Marvels consists of a collection of non-fungible tokens (NFTs) – virtual assets on the blockchain that can be collected, exchanged and traded. An NFT (also known as tokenized art) represents a digital certificate of ownership of an asset and is a unique, non-copyable original on the blockchain.
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